Question

In one country, approximately 193,200 of 920,000 residences are rentals. Determine the percentage of residences in the country that are rentals.The percentage of residences in the country that are rentals is %.

Answer 1

To find the percentage of the residences in the country that are rentals is calculated with this formula:

`\begin{gathered} =\frac{\text{population of rental residence}}{total\text{ country population}}*100\text{ \%} \\ \text{Given:} \\ \text{Population of rental reseidence = 193,200} \\ \text{Total country population = 920,000} \end{gathered}`

Now substituting the given information, into the above percentage expression, we will have:

`\begin{gathered} =(193,200)/(920,000)*100\text{ \%} \\ =0.21*100\text{ \%} \\ =21\text{ \%} \end{gathered}`

The percentage of residences in the country that are rentals is 21 %.